Shibarium (L2) Public Launch Imminent as Testing Phase Concludes

Shibarium Ready for Public Release

Exciting progress is being made in the world of blockchain technology, as the highly anticipated public launch of the Shibarium (L2) version draws near. The team behind Shibarium, an Ethereum layer-2 network, has announced that the platform is currently live and in private mode, with a smooth two-day test phase under its belt. The eagerly awaited public release is just around the corner.

Funds Secure and Fresh User Experience Promised

The Shibarium team recently assured users that funds remain safe, and everyone can look forward to a fresh and improved experience once the platform becomes accessible to all. Those who have already benefited from the update are celebrating as bridged $BONE tokens are introduced.

Shibarium Community Buzzes with Excitement

The Shibarium community, affectionately known as Shibarmy, has taken to X (formerly known as Twitter) to share their excitement about the development. The team behind Shibarium expressed their satisfaction with the progress, declaring that the network is now in a "ready" state after extensive testing and adjustments. Ongoing testing has shown that blocks are being generated consistently and without any issues.

Enhancements for Seamless User Experience

Recent updates to Shibarium include the implementation of additional safety measures and the introduction of a monitoring system. These enhancements involve the use of rate limiting at the remote procedure call (RPC) level and an automatic server reset mechanism. These improvements aim to prevent potential problems caused by sudden spikes in traffic, ensuring that users can enjoy a smooth and reliable experience.

Past Challenges Addressed

During the testing phase, the network attracted significant attention, with millions of wallets engaged in over 22 million transactions spanning four months. However, the initial launch encountered challenges when a surge in activity overloaded the network, resulting in a temporary halt in transactions for several hours. This caused a 10% decrease in SHIB pricing and trapped millions of dollars on a bridge tool.

However, the developers have since addressed these issues and explained that the servers were overwhelmed by an unforeseen surge in transaction volume. The Shibarium team is now confident in the success of the upcoming public release, despite the early setbacks.